So, are you ready to get a jump into another spring season? Along with allergies and March Madness, the spring brings a good time to reflect on your progress towards your financial goals. Here are six financial best practices to check in on how you’ve been doing. Pick a few of them or take on the entire list.
Get your free annual credit report at https://www.annualcreditreport.com. This is the official, free, no credit card required source to obtain a free credit report every twelve months from each credit reporting company.
Sometimes the best, most rigorously developed financial advice is so obvious, it’s become cliché. And yet, investors often end up abandoning this same advice when market turbulence is on the rise. Why the disconnect? Let’s take a look at five of the most familiar financial adages, and why they’re often much easier said than done.
Did you know? Aside from a few specialized cell groups, science suggests our body tends to regenerate itself with all-new cells about every decade. And yet, somehow, while the trillions of tiny components that comprise “you” and “me” may come and go, something greater within us has staying power, making each of us unique, enduring and important.
Let’s be clear: We did not wish for, nor in any way cause a tumble in the markets, especially among tech stocks. That said, we could not have come up with a more telling illustration to underscore the perennial value of building – and maintaining – a globally diversified investment portfolio for achieving your greatest financial goals.
The average American spends more than $10,000 per person annually on healthcare expenses, including premiums, deductibles and coinsurance amounts. For a large family, that amount can quickly become unsustainable. In the past, it was common for employers to absorb the majority of these costs, leaving the employee responsible for only a small portion.